Is VMW stock a good buy?

Is VMW stock a good buy?

VMware has received a consensus rating of Hold. The company’s average rating score is 2.48, and is based on 10 buy ratings, 11 hold ratings, and no sell ratings.

Will VMW stock go up?

VMware Inc (NYSE:VMW) The 18 analysts offering 12-month price forecasts for VMware Inc have a median target of 142.50, with a high estimate of 160.00 and a low estimate of 120.00. The median estimate represents a +7.88% increase from the last price of 132.09.

Does Vmw pay dividends?

VMW does not currently pay a dividend.

Is VMware stock undervalued?

The stock’s ratio of 28.21x is currently well-below the industry average of 41.55x, meaning that it is trading at a cheaper price relative to its peers. Another thing to keep in mind is that VMware’s share price is quite stable relative to the rest of the market, as indicated by its low beta.

Is Vmw a buy Zacks?

See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank….Momentum Scorecard. More Info.

What does VMware do?

About Us. VMware is a leading provider of multi-cloud services for all apps, enabling digital innovation with enterprise control.

Why VMware stock is dropping?

VMware Inc. shares declined after the company gave forecasts for sales and profit in the current quarter that fell short of analysts’ projections. Earnings, excluding some items, will be $1.56 a share on revenue of $3.19 billion in the three months ending in April, the company said Thursday in a statement.

Why did VMware stock drop?

Is VMware a growing company?

Enterprise technology veteran VMware was founded in 1998 and quickly gained traction with its virtualization solutions, which have enabled companies to improve IT efficiency. In 2021, the company notched $11.8B in revenue, marking 9% YoY growth.

Is VMware a stable company?

VMware has an overall rating of 3.6 out of 5 stars on Glassdoor.com, and CEO Pat Gelsinger has an 83 percent approval rating.